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November 21, 2024 |
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| Home > Small Business Lenders by State > District of Columbia Business Loan Sources > Warrenton, Business Loans > Provident Bank Of Maryland Warrenton Business Loans > Services Loan | ||||
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Virginia Bank SBA Loans
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Provident Bank Of Maryland SBA Loan to Services CompanyWant a District of Columbia SBA loan? Here's one District of Columbia business loan that was approved by the SBA. This up and coming company knew how to go about getting a business bank loan. Based in Washington, District of Columbia, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Provident Bank Of Maryland, based in Warrenton, Virginia. SBA Loan Borrower COMPANY TYPE: SERVICES SBA Loan Lender PROVIDENT BANK OF MARYLAND At the time this loan was granted, this bank participated in the SBA's Certified Lenders Program (CLP). This program aims to give speedy service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8999 - Services Loan Approval Date 4/4/2000 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $112,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. We can help you find the best banks for small businesses in Washington or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links:
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